In the case of a normal good, an increase in consumers' income would shift the: O a. demand curve leftward. b. supply and demand curves leftward. O C. supply curve rightward. d. supply curve leftward. e. demand curve rightward.
In the case of a normal good, an increase in consumers' income would shift the: O a. demand curve leftward. b. supply and demand curves leftward. O C. supply curve rightward. d. supply curve leftward. e. demand curve rightward.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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![In the case of a normal good, an increase in consumers' income would shift the:
O a. demand curve leftward.
b. supply and demand curves leftward.
O C. supply curve rightward.
d. supply curve leftward.
e. demand curve rightward.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F53594088-473e-4e56-8834-83ba25250eb6%2F770ae2b9-8e47-40c6-a6bd-5f8266591880%2F7s57ey.jpeg&w=3840&q=75)
Transcribed Image Text:In the case of a normal good, an increase in consumers' income would shift the:
O a. demand curve leftward.
b. supply and demand curves leftward.
O C. supply curve rightward.
d. supply curve leftward.
e. demand curve rightward.
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Step 1
Normal goods is a type of good that have negative correlation between the price and quantity demanded. Also, there is positive correlation between income of consumer and demand for goods.
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